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Reference R9716

Well fitted Pizzeria & Cafe Restaurant in South London For Sale

Well fitted Pizzeria & Cafe Restaurant in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, residential, office and commercial area, SW LONDON

Turnover 3,000
Price 79,000

Features

Well Fitted Pizzeria & Cafe

NEWLY FITTED 2020

SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot lights and hanging lights. Tables and chairs providing seating for 8 persons. EPOS till, glass fronted upright double door display fridge, stanless steel drinks display fridge, drinks display fridge, cold holder fridge, 2-deck pizza oven, dough mixer, painini machine.

Toilet with w.c. & wash hand basin
Stock room / Store room

Turnover

WE ARE INFORMED by the owner the turnover currently averages 3,000/ 3,500 p.w. with a gross profit of 65% approx. 25% in respect of deliveries

Staff

The business is at present operated by the vendor, 1 day a week, with 3 full time and 1 part time staff.

Trading Hours

Monday Friday - 5pm 11pm
Saturday & Sunday - 12pm 11pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2020 with reviews every 3 years (next review 2023) at a current rent of 16,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 79,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 39,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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